How to measure whether index insurance provides reliable protection (English)

Agricultural index insurance offers the promise of an affordable and sustainable insurance product for farmers that can help reduce their vulnerability to aggregate agricultural shocks such as large-scale drought or flooding. However, index insurance provides claim payments based on a trigger that is only imperfectly correlated with losses. This implies that it carries basis risk: it may provide claim payments in years when there are no losses, and...

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Author

Morsink,Karlijn;

Clarke,Daniel Jonathan;

Mapfumo,Shadreck;
Document Date
2016/07/18
Document Type
Policy Research Working Paper
Report Number
WPS7744
Volume No
1
Total Volume(s)
1
Country
World,
Region
Other,
Disclosure Date
2016/07/18
Disclosure Status
Disclosed
Doc Name
How to measure whether index insurance provides reliable protection
Keywords
basis risk

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Morsink,Karlijn; Clarke,Daniel Jonathan; Mapfumo,Shadreck.

How to measure whether index insurance provides reliable protection (English). Policy Research working paper|no. WPS 7744 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/917251468852481978

How to measure whether index insurance provides reliable protection (English)

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